Guangzhou Development Group Incorporated

Shanghai Stock Exchange 600098.SS

Guangzhou Development Group Incorporated Gross Profit for the year ending December 31, 2023: USD 715.61 M

Guangzhou Development Group Incorporated Gross Profit is USD 715.61 M for the year ending December 31, 2023, a 35.22% change year over year. Gross profit is the difference between revenue and the cost of revenue, representing the profit earned from core business operations.

Guangzhou Development Group Incorporated Gross Profit for the year ending December 31, 2022 was USD 529.24 M, a 108.67% change year over year.
Guangzhou Development Group Incorporated Gross Profit for the year ending December 31, 2021 was USD 253.63 M, a -45.89% change year over year.
Guangzhou Development Group Incorporated Gross Profit for the year ending December 31, 2020 was USD 468.75 M, a 10.09% change year over year.
Guangzhou Development Group Incorporated Gross Profit for the year ending December 31, 2019 was USD 425.79 M, a 5.31% change year over year.

Key data

Date	Gross Profit	Operating Income	EBIT	EBITDA

Shanghai Stock Exchange: 600098.SS

Guangzhou Development Group Incorporated

CEO	Mr. Hong Wu
IPO Date	July 18, 1997
Location	China
Headquarters	No. 3 Linjiang Avenue
Employees	6,198
Sector	Utilities
Industries Renewables Energy Infrastructure & Tools Oil & Gas

Description

Guangzhou Development Group Incorporated engages in the integrated energy business in China. The company generates and sells thermal electricity with an installed capacity of 4,045,800 kilowatts; distributes natural gas through pipeline network; supplies coal; and constructs oil depots. It also generates electricity using wind, waste, biomass, and solar resources, as well as engages in other renewable energy business. Guangzhou Development Group Incorporated was founded in 1997 and is based in Guangzhou, China. Guangzhou Development Group Incorporated operates as a subsidiary of GF Securities Co., Ltd.

Key trends

Past 5 years